FX_IDC:EURUSD EURO / US DOLLAR
Hello , Week 18 was a tough one. matter of fact i recovered my Position from losing 500 $ to 200 $ Profit, only after the US Job Report.
But the question from the uncoming week is are we testing a Support or a resistance line? at 1.14$.
Also we are facing a pullback but in short term we are Long.
The indicators are not helping here. If you ve got better idea i will be glad to here it.
I LOST 2 WEEK GAIN (ABOUT %20+) AND MORE (%10) AT LAST WEEK. SHARP AND UNEXPECTED FLUCTUATIONS CREATE MORE PANIC ON DAILY TRADERS WHICH THEY HAVE TO KEEP MARGINAL VALUES. AT THE AND OF LAST WEEK, I SOLD 200K EURUSD AND EXPECTING IT HITS DOWN TO 1.136 FIRST . THERE MIGHT BE ANOTHER WAVE UP FROM HERE OR MORE DEEPER. WEEKEND FORECASTING OR ANALYSIS SOUNDS MORE SENSE FOR ME.